Bald Eagle Gold
Acquiring and Exploring Early-Stage Gold Assets in Mining-Friendly Gold Districts of North America
This Bald Eagle Gold profile is part of a paid investor education campaign.*
It can be difficult finding a viable asset to develop for emerging mining and exploration companies. Luckily, the right management team operating in the right jurisdiction can push even junior players into the big leagues.
One of the US’ most prolific mining districts is Nevada. According to the Fraser Institute, the state ranks as one of the top mining jurisdictions in the world. Nevada hosts the perfect mix of existing infrastructure, a skilled local workforce and favorable warm weather year-round, which presents emerging mining companies with exceptional discovery potential and economic prospects.
Bald Eagle Gold (TSX:BIG) is an emerging mineral exploration and development company focused on exploring gold districts in North America. The company is currently developing its high-quality Hot Springs gold property in Nevada, which leverages a stable operating environment, rich resource networks and widespread mineralization.
The company’s management team and board have a successful track record of growing companies through formation, listing, development and exit. Collectively, the team has raised over US$405 million in capital with companies such as UNX Energy (TSX:UNX), IC Potash (TSX:ICP), Namaste Technologies (TSXV:N) and Khiron Life Sciences (TSXV:KHRN).
With Bald Eagle Gold, the leadership team applies its expert exploration experience and technical skills to develop new highly prospective mineral exploration projects. This management team primes the company for growth and mining success.
Bald Eagle Gold has generated a high-quality pipeline through long-standing relationships with local operators, key decision-makers and market participants. These connections help Bald Eagle advance its objective to acquire, expand and enhance its asset’s resources to reserves over the early stages of its current commodity cycle.
The Hot Springs property is a historically explored property with a significant source of gold mineralization first discovered in the 1890s. The property hosts two main targets: the Dutch Flats shear zone and the mid-Paleozoic calcareous and limestone zones.
The project’s exploration history for the project is primarily shallow drilling and surface sampling, with the discovery of quartz-gold nuggets at surface. Bald Eagle theorizes that much of the high-grade gold discovery lies deeper into the property. The company is excited to explore its multiple drill targets across the property. The Battle Mountain and Getchell-Comstock gold trends intersect through the district and host world-class epithermal and Carlin-type deposits. Eighteen mines have been discovered across the district — including mines ones from well known companies such as Hecla (NYSE:HL), Newmont (NYSE:NEM,TSX:NGT) and Barrick Gold (NYSE:GOLD,TSX:ABX) — and considerable exploration and development potential remains.
The company’s goal is to expand its portfolio of high-grade mineral assets through organic exploration and development. Immediate plans for the Hot Springs property involve developing new geologic models to test the property and continuing drilling to uncover the property’s discovery possibilities at depth.
Bald Eagle Gold’s Company Highlights
- Bald Eagle Gold is an emerging mineral exploration and development company focused on exploring, acquiring and operating highly prospective gold assets in North America, focused primarily on Nevada.
- Its impressive management team has collectively raised over US$405 million in capital and has a proven track record of success.
- In 2018, Nevada’s production of gold was approximately 5.58 million ounces, representing approximately 83 percent of U.S. total gold production.
- The company’s flagship gold asset is its Hot Springs gold property. The asset hosts high-grade gold mineralization and strategically positions the company around well-known gold mines as well as Carlin-type and epithermal gold deposits.
- Eighteen gold mines have been discovered within 100 kilometers of the Hot Springs property, including ones from well-known mining companies such as Hecla, Newmont and Barrick.
- In March 2021, Bald Eagle Gold began trading on the TSXV.
Bald Eagle Gold’s Key Projects
Hot Springs Property
The Hot Springs property spans 11,894 acres and is strategically located at the intersections of Getchell-Comstock and Battle Mountain, which is part of gold trends found in the prolific Arkosic Triangle in Nevada. The trend hosts well-known gold mines as well as Carlin-type and epithermal gold deposits.
Historical exploration of the property confirms multiple occurrences of gold, both at surface and depth, uncovered through surface sampling and drilling. Drilling campaigns from 2007 returned mineralization estimates of 16 million tonnes at 0.18 g/t grade for 91,750 ounces of gold. Recent exploration indicates exceptional grades above 1 ounce per tonne gold at surface and quartz-gold nuggets at surface, indicating a source within two miles.
Mid-paleozoic limestone and calcareous sediments indicate the high probability of Carlin-type deposits, similar to the nearby Turquoise Ridge mine and neighboring mines from companies including Hecla, Newmont and Barrick.
In 2020, the company completed deep structural geophysics and a drilling campaign over the property. The next steps for the project include a proposed US$1.8 million drilling campaign that would involve up to 5,000 meters of drilling, IP and CSAMT and claims staking, for which Bald Eagle has expressed excitement.
Bald Eagle Gold’s Management Team
Sidney Himmel — President, CEO & Director
Sidney Himmel has over 30 years of corporate experience in the capital markets. He has been an executive and director of public companies and involved in corporate finance, institutional sales, and banking research. Himmel also has experience with notable investment banks, including Merrill Lynch Canada Inc. and TD Securities.
Darren Collins — CFO & Director
Darren Collins has over 15 years of corporate finance and public company experience with a background in corporate finance, M&A, corporate, governance and public accounting. He has previous experience with Scotia Capital, Quest Capital, currently renamed Sprott Resource Lending, and various public issuers.
Mark Smethurst — Senior Geologist
Mark Smethurst is a professional geologist with over 25 years of experience. He has held previous executive appointments as VP and COO of Resource Development for public companies and is currently a Qualified Person defined by National Instrument 43-101.
Terra Lane, B.S. — Mining Engineer
Ms. Lane is a Mining Engineer with more than 35 years of experience. Her experience includes feasibility studies, mine and process engineering and project development for surface and underground mines. She has managed projects in the US, Canada, Mexico, Ireland, Russia, China, Bolivia, Peru and Africa.
Hamid Samari, Ph.D. — Senior Exploration Geologist
Mr. Samari is a geologist with more than 30 years of experience. He has experience in structural geology, mining geology, economic geology, and seismic assessment. His project experience spans multiple jurisdictions and includes exploration and resource definition for gold, silver, copper and other metals
Michael Feinstein, Ph.D. — Senior Exploration Geologist
Mr. Feinstein holds a Ph.D. in Geological Sciences and an M.Sc. in Economic Geology from the University of Texas El Paso, as well as a B.Sc. in Geology and Geography from Sam Houston State University. He is president of Mineoro Explorations, leading exploration and development of mineral properties in the US, Mexico and Canada.
*Disclaimer: This profile is sponsored by Bald Eagle Gold (TSXV:BIG). This profile provides information which was sourced by the Investing News Network (INN) and approved by Bald Eagle Gold in order to help investors learn more about the company. Bald Eagle Gold is a client of INN. The company’s campaign fees pay for INN to create and update this profile.
INN does not provide investment advice and the information on this profile should not be considered a recommendation to buy or sell any security. INN does not endorse or recommend the business, products, services or securities of any company profiled.
The information contained here is for information purposes only and is not to be construed as an offer or solicitation for the sale or purchase of securities. Readers should conduct their own research for all information publicly available concerning the company. Prior to making any investment decision, it is recommended that readers consult directly with Bald Eagle Gold and seek advice from a qualified investment advisor.